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Ether
Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, functioning as a fuel for operations within the network. It serves multiple purposes: as a digital currency, it can be bought, sold, and held as an investment; as a utility token, it's used to pay for transaction fees and computational services on the Ethereum network. Ether is integral to running decentralized applications (dApps) and executing smart contracts on Ethereum, providing the necessary resources for these operations. As Ethereum evolves, especially with upgrades like Ethereum 2.0, Ether's role remains central, facilitating not just transactions but also the broader ecosystem of decentralized finance (DeFi) and various blockchain-based applications.
First Mover Asia: BitMEX Saga Leaves Lingering Regulatory Questions, Bitcoin Falls
Arthur Hayes and his BitMEX co-founders must each pay a $10 million fine, but contesting the case against them might have clarified which financial regulatory agency should have primary oversight of crypto; cryptos had a rough weekend.
Market Wrap: Crypto Sell-Off Stabilizes Amid Bearish Sentiment
BTC was roughly flat over the past 24 hours and down by 6% over the past week. Traders remain cautious.
First Mover Asia: Thailand Has Already Proven Why Taking Crypto for Luxury Items Isn't Working
Gucci will begin accepting crypto payments at five stores as part of a wider commitment, but the success of its initiatives is uncertain; bitcoin plummets in Thursday trading.
First Mover Asia: Events in China, India Have Also Weighed on Crypto Prices
Investors may have been focusing on U.S. interest rate hikes and the economic fallout of Russia’s Ukraine invasion, but bitcoin has been subject to other headwinds; cryptos soar post-rate hike.
Crypto Funds Suffer Fourth Straight Week of Outflows as Bitcoin Stalls
Some $120 million flowed out of digital-asset funds in the week through April 29, according to CoinShares.
Bored & Hungry in Crypto: Why This Burger Joint Wants to Use ApeCoin
The owner of the first Bored Ape-themed restaurant explains himself.
What Is So Smart About Smart Contract Platforms?
The innovative qualities of Ethereum have led to an explosion of new digital assets in the Smart Contract Platform sector. Here's a look at the sector, its significance as a digital asset sector and how CoinDesk Indices is setting standards that define this sector.
LGT, World’s Largest Family-Owned Private Bank, to Offer Crypto
LGT Bank, the financial institution owned by the princely House of Liechtenstein, is working with Switzerland’s SEBA Bank on the service.
First Mover Asia: Bitcoin Minnows Are Resilient as Long-Term Whales Capitulate to Pressure
How long these smaller-scale investors remain committed to their crypto assets will be an interesting trend to observe; bitcoin and ether drop.
‘Smart Money’ Is Staking ETH on Rocket Pool and Selling ENS, Nansen Data Suggests
For the second consecutive day, Yuga Labs’ Otherdeeds NFT collection has seen the most volume in the last 24 hours, according to the blockchain analytics platform.
